a look at what happened to the theme parks, movies and such. david: we should say we have a lot of people reporting. right now i want to focus, somebody on the downside, the government came out and said they were playing footloose when it came to ratings, some of the subprime mortgages, some bonds tied into them. but also, moody's. even though the government has instead specifically they are after moody's, they're getting a hit as well. nicole: look at that, down 10.3% right now. so we are looking at those two names, and yet the analyst say this is near-term litigation lin risk. liz: zynga a big move higher after its results and bank of america did a 180 on the name.

nicole: this is a stock down 80% over the last year. jumping. david: apple is up, stockholders are pretty happy about that. nicole: let's cheer for apple. sorry it is not at 700. david: but a 4% gain is not bad at all. nicole: it is good. liz: three quarter of a percent gain for the industrial. there you go, the bell ringing on wall street closing out the day not entirely erasing the loss of yesterday, but certainly making a go of it. up 97 points. a gain of a full percentage point. you have the small and mid-cap up, not a bad day for wall street. david: let's take a look at financials, they all performed today. hitting 52-week highs versus spider etf, the stockholders

include the shares. liz: after weeks of speculation, the worst is here, that deal to take dell private is officially announced. $13.65 per share, the price not even reaching that today. that is a disappointment. it took too long perhaps for the deal, but paving the way for netflix to be the next member of the nasdaq 100. david: o. how the fortunes of netflix have gone up and down. natural gas rallying today. if prices got a boost from the forecast of colder than normal temperatures through next week, by the way, coal on the other hand was down. liz: now with a string of

earnings. these are all big names and we will bring the numbers estimate they released but right now president obama meeting with a parade of ceos. marissa mayer of yahoo, what are they being informed? pushing for an overhaul of our immigration laws. earlier this hour, we talked to somebody inside that meeting. plus, we have somebody who immigrated here from india, went to mit, started a very successful software company in california and hired a lot of americans. chairman and ceo has some great ideas on how to help immigration get going. at the same time, great for the economy. david: we will see what happens. a dysfunctional bureaucracy. how about a little bit of help at the gas pump. the governor is looking to

completely do away with the state capital. no state has ever done that before. he wants to get rid of his. with us to tell us why coming up later. liz: adam shapiro, how did they do? adam: earnings per share is a miss. revenue came in 699.2 million, the street expecting 698.89 million. one of the things they are saying in the report, they see sales being flat to low single digits, same-store restaurant sales excluding additional prices. last quarter talk about the need to raise prices but they are excluding that going forward into 2013. liz: i see an additional $100 million to repurchase shares of share.

david: let's get some details on what is happening with these numbers as soon as they come in. and our market panel. managing director. larry, i want to go to you first come it looks like in between news after hours, the stock not being affected at all. >> not be affected at all. it is a very good by long-term. they're getting into the catering business, offering vegetarian menu, that is something that they are excited about. always throwing things against the wall hoping they will stick. upscale fast food. they have a loyal following. standing still for most of 2012 but management has been very aggressive and look at new ideas, things that will work for the loyal customers, including myself. david: is now gaining a little bit after hours.

liz: that could be the share buyback. let me mention as we part the zynga numbers. the stock is jumping in the aftermarket, now $2.87. but we are looking at a couple of names and as you see the market, there was real optimism today. we had pessimism yesterday. >> we are all scratching our heads right now. traders are very similar to the fox faithful. nervous, cautious, reluctant to get in right now. why in the world with the market go up? we had in-line pmi number, manufacturing number. we are back to the macro problems. i don't have much to say. liz: how many months of a great rally the people really need? otherwise with the fact the market has been pretty good.

>> yes, it has. right as we are getting comfortable with a number of $110, that gets us to about $15.40, i can't imagine getting any higher than that, but keep in mind i said that about 1500, so i have been wrong and i could be wrong again. david: peter, i want to go to you, talking about what individual companies are doing really merit the market we are seeing. is the rally justified for example by the earnings we have seen this season so far? >> i think the rally was categorized in december another $500 billion in stimulus. last time i was on the show in october i was bearish, the market sold off 8% and it was very unusual to see the fed acts as comfortably as it did announce another $500 billion. at the end of the day that is what categorized the rally.

david: if it was all about the early analysis, wouldn't that we exhausted the rally by now? >> you would think it might have, but keep in mind this essentially means through the end of this year the fed will inject another trillion dollars plus throughout the course of this year. so that may help to sustain the rally a little bit more. liz: let's bring in the ubf managing director. where do you see this now? do you have a solid, possible belief we could see pretty decent games? >> i was here november 28, the s&p 500 was at 1409, i said we are going to 1576 and lives look at me as if i had two heads. all fiscal issues are out of the way except the dead issues and the market doesn't seem to be bothered by that. things are looking good.

david: it looks like it is on its way. we have zynga numbers out in full. adam: coming in at 1 cent, the street is expecting loss of $0.03. a couple of things they're putting in there, users increasing from 54 million in the fourth quarter of 2011 to 56 million in the fourth quarter of 2012, up 3% year-over-year. david: a penny gained is better than three pennies lost. not exactly a boom for the stock but certainly to the upside after hours. good news for zynga. you do see there is something thasome thingsthat might happeng weeks that might make a little bit cautious, correct? >> i feel there could be a minor correction, but i do not see this market stalling. you look at the market on a relative basis, stocks versus bonds versus cash, equity market looks undervalued and i see

higher prices. imight have to look at the mentality, it is too much of the retail, investors coming to the market and we start to get at that point we might consider our asset allocation models. were looking at that market. liz: there is always an opportunity, is there a favorite sector you like to talk about? >> i do like health care. long-term demographic positives to the health care. however, they are long-term negatives for much of the economy. david: people got pretty excited about hosting as i got quite frothy and now people are pulling back. >> there are two sectors i really dislike right now. the homebuilders.

i think there is a new normal in houston. again, demographic trend in housings are not very good, aging baby boomers are going to be net releases of housing over the next decade. defense stocks will come under pressure. we are not out of the fiscal woods, we are at a new paradigm for the industry. liz: we have new numbers. expedia. adam: came in at $0.63, the street expecting $0.65. revenue however it big beat. street expecting in her 30 million. growing 33%, bucking 19% in the fourth quarter. might be a reason they are reacting positively. liz: what about their revenue

increasing 10%, these are double-digit percentage gains. not a surprise you're seeing this stock moving higher in the aftermarket. show us the money, you really like facebook last time you were here. do you still love it? >> i do like facebook and you also know i manage etf portfolios, so we're big on technology, like consumer discretionary stocks and would like to retail stocks. facebook is unique in the sense there is a billion uses. my bet is on zuckerberg and $10 billion in cash. david: on november 20 and s&p was at 1409 said it was going over 1500, which indeed it has done. thank you very much. we're waiting on disney. the numbers are released, we will have those for you. but right now, president obama is discussing immigration reform

with ceos. one of them will join us later. also, founder and ceo zero came over from india started a successful business here, find out what he thinks thi is to bee to create more success stories like his. liz: chairman and ceo of the largest full-service dining company in the world. joining us exclusively. also in control of apple beats as well. and even give away free pancakes today. it is national pancake day.

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we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. david: s&p futures just closing right now. later, this roller coaster ride, don't know where it will end up, any indication to date from

where we will start tomorrow? >> more of the cautious confusion, more of the same. everybody looking for the next big event. we can think of a dozen reasons why the market can go lower, but the thing we are not seeing is perhaps growth won't catch up the consensus of the market right now, but that is the one thing that might trip us up. people are keeping their positions very small, reluctant to take sides right now. liz: what direction? >> options are actually moving software, which means people are buying upside cost, some have not gone for a while. david: i know you're going to want to listen closely, we have the disney numbers, what are they? adam: a beat on both sides. the revenue 11.34 billion, 11.21 billion expected.

paying attention to the theme parks, according to the report, 3.39 billion versus 3.16 billion in the same quarter a year ago. liz: let's go to dennis kneale. let me just try to pull out some of these things. is that what you would have expected? >> wall street was bracing for a little bit of disappointing. not that good of earnings, going down a bit, but the key thing one analyst was saying the theme park margins in the u.s., this guy wants to see it go up 22% from 20% but overall disney stocks near an all-time high, 54.50 is the all-time high. triple the s&p.

liz: are you worried the upper income was 234 million versus 413 million? >> it is all about the releases and where you are in the schedule. they will look forward to what is coming up next. let's not forget they have iron man three coming out. i think wall street will look forward that way. and the cable networks seem to be doing pretty good. disney channel, espn. one of the best collections of entertainment media assets anywhere, has really been humming. david: that collection has grown tremendously. lucas films. have they paid too much? >> they bought marvel for a couple billion and turned into the avengers.

i really think they have done a great job of absorbing these mergers. there's a conference call and i want to hear what are you doing with the film and what is your next plan? they just brought in jj abrams, he will be directing the next "star wars" coming out in 2015. the reason we are interested in disney so much is you can look at both parts of the economy. you look at what our business is failing because advertising turned down in an economic slowdown is what is happening with ad revenues? so far growing pretty well. david: will be talking to an analyst right now. focusing on disney. first of all, the numbers, we're looking at basically the same stock after hours as when the market closed. everybody seems to be digesting this news pretty much what was

expected, what do you think? >> they beat on the revenue side. we were at 11.3, the street 11.2. they beat on earnings by a penny. the one area they missed was studio entertainment and frankly that is the area the street would rather see more flexible towards a miss. the street wants to see consistent earnings coming in in theme parks and cable networks. cable networks is the most important area. liz: are you happy with that number? is that good enough for you? >> they beat me on the broadcasting side and on the cable networks. david: everybody focuses on espn. they have others, are you looking for higher fees from cable services from those? >> your affiliate fees and

advertising revenue. espn has the highest of any company in the industry north of $5. coming out later, a breakdown of those numbers, but it is more of a longer-term issue, for short-term trends want to get some sort of advertising pacing. i would like to hear the ad pacing is a leaf in the mid-to high single digits. liz: how much do you care about that acquisition? >> i think the lucas films makes a lot of sense. disney throws off $5 billion of cash flow per year allowing it to make the selective acquisitions, which are branded acquisitions, great brands they take advantage of not only for the studio portion but also for the consumer products business. i don't expect they will say much on lucas films except maybe some accounting.

how we should look at the goodwill amortization going forward. the next "star wars" film was not until 2015. having jj abrams do it is huge. david: looking forward to that. liz: thank you very much. david: they're expanding in shanghai. the chinese are in love with these themepark ideas. it is being taken well by investors also. a lot of good news, still some reporting. liz: reporting fourth-quarter earnings minutes ago. nicole petallides on the new york stock exchange. nicole: i am standing at the chipolte mexican grill post. fishing the downside at the end of the day, however in the after-hours that has been doing better after quarterly reports revenues came in better than expected, earnings per share a

little late, this is a stock down last year 12%, but today they are announcing the board has approved an additional $100 million buyback, so that goes on top of what was remaining of $80 million so those are a couple of things. we're talking about opening new restaurants in 2013, 155-180 new restaurants for chipolte mexican grill. looks like good to see a winner tomorrow. liz: they are happy after a couple of rocky quarters. thank you very much. president obama making a strong push for immigration reform meeting with business leaders at the white house today. up next, a business leader who immigration fro from india and w a business or two here in america. the new york stock exchange uses his software. chairman and ceo, hear what he has to say about immigrants in this country starting businesses that hire american.

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liz: the president is meeting with labor and business leaders today to discuss his immigration plan. our next guest born in bombay, came to the u.s. graduating from mit and harvard where he then stayed, grew the company in silicon valley now worth billions of dollars. david: and employees thousands. joining us now, chairman and

ceo. so good to have you here, thank you for coming in. as wonderful as your story is, there are hundreds of other stories, perhaps thousands like it in the united states were people dream of coming here, learning that a place like mit or stanford and go on to set up a business that employs thousands of u.s. citizens. tell us about your story and if it is emblematic of what happens to others. >> yes, that is true. i showed up in this country, mit was kind enough to educate me and i went on to start a public company. the existing company has thousands of employees. over a billion dollars revenue in a little over a decade. every person i employees probably 10 other people that

are employed by partners at other companies. so it makes no sense to spend hundreds of thousands educating these kids and then forcing them to go back home. liz: you and i have spoken before about this. if somebody's getting a college degree here, you should stamp the green card right there upon their graduation, put it on the diploma and say stay here, we are your friend if you want to start a business. think of your own experience, think of google, you look at them and say think of how many people they now higher. yahoo was founded by immigrant kids. these are real opportunities for this nation, what are we doing wrong, what should we be doing to get it right? >> we have to make these kids will come. if you walk through the halls of any graduate program, in the engineering school, mostly kids are foreign-born. if we send these kids back we

will not be having innovations in this country, i we will not e growing companies. half of my revenue comes from products that didn't exist five years ago. i need the best and the brightest to grow my business. in order to have new companies being started all the time. one thing that has happened is for the first time in 200 years education is growing, so now any kid anywhere will be able to have an mit or stanford education online from their home. snow has gotten even bigger. it will only create more jobs for this country. david: have a temporary workers plan for 22 years this country focus on workers at a lower class-based, those who came over temporarily from mexico and work very well.

from about 1946 until the mid-60s, the unions finally killed it because they didn't like the competition, but what about a higher level to have a temporary worker rather than a permanent green card, perhaps something just short of that. >> anything that allows us to make it easier to hire these people. i said we are not asking anything from the government. we believe in the church of silicon valley. my business is growing rapidly, i need to be able to hire people. i don't care where they come from. if you look at my own executive staff, they have become my company. the head of hr and my cto is australian, ico is canadian.

the head of services is chinese. i have a dream team. coming from everywhere. let me hire the best and brightest and if they want to start companies, let's keep them here. david: they are all paying taxes and none of them are taking handouts. >> that is right. liz: the company is tibco software in the new york stock exchange. david: congratulations on your success. >> thank you, i appreciate it. david: what happened inside the president's bidding on immigration reform from somebody who was actually there. greg brown will be joining us from the white house. liz: and julia stuart joining us exclusively. buthe time is actually perfect because it is national pancake day. find out how giving away free pancakes is helping and how she plans to keep the stock rocking. log onto facebook.com/afterthebell and

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liz: kind of wish i put all my money into this name. share of dine equities soaring. parent of iconic restaurant

brands applebee's and ihop, up 45% in the past year. we have the woman behind the chain's booming success. joining me in a fox business exclusive, julia stewart, dine equity chairman and ceo. welcome back. >> thank you. liz: by the way, everybody, she was a waitress back in the day. a server. this is a great american story. we absolutely love it. julia, you and i spoke in the past i look at the story and you really stuck through a very tough time. that was right around the financial crisis. obviously you've done very well over the past year and it has been a very nice story but what did you learn from what happened three years ago, four years ago that changes you as a leader today? >> well i think it was to never give up. i don't think we ever had a day where we said to ourselves oh, you know, the financial crisis is going to ruin us. i think we stuck to our plan. we had a very, very specific plan at both applebee's and ihop what we were going to do to be successful.

we couldn't control the economic environment. we stuck to what we knew how to do best, deliver great food, exceed guest expectations and keep building upon the brands. liz: and deliver it at a price that would be at least focused for somebody who might be unemployed, maybe picks one night a week to go out to dinner. how different is it today, luring people into your restaurant, compared to say just about a year ago? is it easier? i think the environment, and i have said this a million times, is still lumpy and bumpy. unemployment is still high. consumers still have hesitation. certainly with the new tax bracket. i think what is really says is, you have to deliver the absolute best experience that you can and that is exactly what we're doing and obviously today was national pancake day. sort of provides us a unique opportunity because it is number one day of the year. we have people coming into ihop restaurants today than any other day of the year. it is a unique opportunity

to showcase the best and brightest. >> you're giving away free pancakes. are you going all night because i'm at work? >> it starts at the crack of dawn and goes to 10:00 p.m.. every restaurant will raise three million. we will give over four million pancakes away. the best part is i can making a difference in children's lives. the proceeds go to the childrens miracle network and charity hospital. >> it shows that having a corporate conscience is good business. we had john mackey of whole foods on yesterday talking about that you have 2,000 applebee's restaurants in 49 states. 1400 ihop restaurants. are you talking about the expansion plans you expect for 2013. >> we're going to announce guidance february 27th. so we'll obviously guide for the year but we have been pretty steady in terms of building and developing both brand in the u.s. and then obviously looking at other countries outside the u.s. so we feel pretty much that it will be in line with how

it has been the last couple of years in terms of development. liz: a lot of these are franchised restaurants. is the country making it easier, more difficult, about the same to be a franchisee? >> it's interesting. with the selling of the last company operated restaurants last year we're now 99% franchised. so there are no company operated units except 33 that we use for r&d. i will tell you in general if they like america, and they're favorable to franchising and the economics work, we find that we can go to just about any country. they love both brands which is great news for us. liz: free pancakes until 10:00 tonight, everybody. julia, thank you. make sure, you have to give. you have to give to get. it is a great charity. thank you so much. >> exactly. thank you. liz: julia stewart, dineequity, chairman and ceo. started as a server all the way to ceo. david: it is america. the price of gas is on the

rise all over america, up 20 cents in the past month. there could be relief for people in virginia because governor bob mcdonnell is looking to get rid of the state's gas tax. it has never been done by a state. he joins us after the break to tell us how he plans to make up the revenue. ♪ . great, everybody made it. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location.

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david: well the federal government is still stuck in a rut, state governments have been moving quickly and very creatively to get their accounts in order. one of the boldest new ideas comes from virginia which proposes to do something no other state has done, eliminate the state gas tax all together. governor bob mcdonnell says the state can balance out the lost revenue by increasing sales tax from 5% to 5.8. here so explain the governor

himself, bob mcdonnell. governor, thanks for coming in. first of all to show our viewers how much a part of their life the purchase of gasoline is, this just came out today. average u.s. household spent $2912 on gasoline. that makes up about 4% of their income, before taxes. so it is a huge chunk of everybody's income. >> well, it is, david. thanks for having me on. we've had a lot of progress in virginia. unemployment rate is the lowest in the southeast and we've had record surpluses the last couple years but the problem is we've got, we've got aging infrastructure. like every state in the country. so we're trying to figure out what to do with the declining gas tax eat inch up by inflation and fuel efficiency and alternative fuels. one of the decisions let's get rid of it. replace it with something that will grow with the economy which is the sales tax and you drive down the price of gas. more people come to virginia to buy gas. that means more economic

activity. that feature plus general fund and plus couple other things account for $800 million a year by the fifth year. it passed the house today. so it cleared the first big hurdle today. david: short term, any way i understand you expect to make $600 million from the gas tax? right right. david: short term you will not add up to the amount with the .8% increase in sales tax, are you? >> no. going from a gas tax, killing it completely, 17.5 cents a per gallon, and replacing it with a 5.8% sales tax on top of the 5% that we've got now, going from 5 to 5.8 generates $600 million of new money because of economic growth over the next five years. david: five years. >> it is revenue neutral in the first year but over time, david, it's real money for transportation. david: all right. now you have been criticized by a lot of greenies who say that you have one particular add-on to your bill where

you add a, what is being called an anti-green, $100 tax on alternative fuel cars. explain why you do this? >> well, it is pretty simple. it's, look i'm all for alternative fuels. i'm converting our state feet to natural gas. but the fact is that if you have a alternative fuel vehicle, electric fueled vehicle, for instance, you don't pay any state or federal gas tax now. so while you're using the roads you don't contribute to the maintenance and construction needs. it is just a fairness issue. to make sure that gas taxpayers and alternative fuel users can pay the same amount. that actual, that feature was removed from the house bill before it passed. it is a small amount of money and now not in the bill in the house. still in the bill in the senate. it will be a matter of reconciling it at end. david: let me ask you a question about health care if i can because we had some news that disturb ad lot of conservatives today, arizona governor jan brewer and ohio

governor john kasich have done a 180 on obamacare. they are now going to accept federal money to expand medicaid as part of obamacare. again that's a complete flip-flop where they were. what about you in virginia? are you going to do the same? are you going to turn around on that issue? >> no. we've already told the federal government that we're not even going to look at that issue or consider it without dramatic reform. our medicaid budget is through the roof, not just in virginia but every state in the america, david. we have grown 1600% over the last 30 years. the total 21% of our budget. it is already a broken system. in fact president obama said that three years ago. you have to reform it first before you expand it. i think he's right. we're asking for waivers. we think the obamacare legislation, we thought it needed to be discarded but the courts have upheld it and it needs to be amended to give us more flexibility over dual he will gabs and maintenance of effort and so forth. so we're talking solely about reform right now, not

expansion. i want to have higher quality health care for more people but we're not going to bring the banks of our state. frankly, david, we don't think the federal government can afford it. we'll not contribute to the national debt in virginia by having the federal government claim to pick up 100% of the tab for three years and 90% forever, when they can't afford it. they're already broke. i don't think they can keep their promise. david: even though president obama did win virginia in the 2012 elections. >> sure. he didn't win it on obamacare i can tell you that. there were a host of other factors. won it by 2% in a close race but the point is, people want us to be responsible. they want us to have greater access to health care but this way, with this kind of program, that will break the bank and the future for our state and unless we have dramatic reform is just not something i can recommend to the legislature. so we're not going to do that. every state government has to say and do what is best

for their state. for virginia,. >> that is not a responseable decision. david: that would be the first state in the union. all 50 states have gas taxes. if they eliminate theirs they would be the first to do so. governor bob mcdone he will in, thanks for coming in. appreciate it. >> thanks a lot, david. david: liz? liz: coming up one of the business leaders discussing immigration reform with the president. he is graying brown. find out what was said behind closed doors, what the business leaders really think. that's right here on fox business. ♪

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david: our government's debt is of course rising to historic levels. according to a new report from the congressional budget office it will get even worse if we don't see some changes in d.c.. liz: all this as the president calls for congress

to avoid automatic spending cuts to hit the budget. rich edson is in washington with the latest rich. >> the united states faces very large budget and economic challenges that is what the congressional budget office says, forecasting a $845 billion budget deficit this year alone. though the first of less than a trillion dollars in five years. annual deficits continue to shrink until 2017 when interest and health care costs begin increasing deficits again. in the next 10 years, cbo says the u.s. will add almost $7 trillion to the national debt. the problem mostly? entitlements? the fix? painful. >> it is possible to keep tax revenues at that time their historical average percentage of gdp but only making substantial cuts relative to current policies in the large benefit programs that aid a broad group of people. >> now on the other side elmendorf says you can keep benefits the same but you've got to raise taxes substantially. let's go to the economic forecast here.

cbo expects unemployment to average 8% this year and 7.6% next year, marking six straight years above 7.5%. that is the first time that happened in 70 years. as for growth, cbo expect as sluggish economy this year and growth to pick up next year. back to you. david: rich, all of these forecasts are subject to change. i haven't seen a growth forecast that has been accurate, i think in my lifetime? >> know it's funny, we kept asking are you certain about this detail? doug elmendorf, director of cbo said, no, we are not certain. this is what our forecast and models are showinging us. when you look at forecast from 10 years ago, boy, it is tough to do this thing. liz: david is right and thank you very much, rich edson. >> the president meeting with labor and business leaders on capitol hill to discuss his immigration plan which we had already have spoken. this includes a pathway for citizenship for illegal immigrants already in the country. liz: one of the business

leaders at meeting greg brown, chairman and ceo of motorola solutions joins us now. greg, what happened inside the meeting? and without giving away anything that is supposed to be proprietary? what is the president's vision of immigration and are you alongside it? >> not only am i alongside it? i think the business community is alongside it. one those rare instances in a town like this people from both sides of the aisle can get around and issue. the last immigration reform that was done in this country was over 25 years ago. the president spent almost an hour with a dozen of us talking about how critical and how important this issue is. there is three legs to the stool. enforcement, a path to citizenship and the reform of the legal immigration system. at the end of the day, liz, this is about, the economy is poised to take off. and it is about improving the competitiveness of, u.s. multinational companies. liz: sure. >> and taking the economic

recovery to the next level. we're really at a magical time here, the big election is over. all the rancor and three attrition are behind us. we averted the fiscal cliff. not perfectly but for the time-being. the debt ceiling has been pushed off till may. now we're in the cadence of the budget that will come forward and immigration reform is the signature item of the president, of the business community and both parties. so there is a realp opportunity to do this. david: let me just ask about one specific thing. a lot of people are on board with regard to immigrants who can add to the economy. we just had an immigrant from india on earlier who came here, got an education, at mit. and went on to start a company that makes a billion dollars and employs a thousand people that kind of immigrant is the nation that is okay with. it is the immigrants to suck off the government, to take more than they give that they're against. do you think everybody is on board with that idea? >> i think there is a lot of

misinformation. i don't agree with that characterization. people have to tendency to talk about the founder, the stanford grad or mit grad that knows computer science and pounds a company and that's great. that is the h-1b high-skilled worker. equally important is the 11 million undocumented. so by the way, what we all agreed on is comprehensive immigration reform, not just piece, part, or pick off one component versus another. i would maintain that economically, documenting and providing a path to citizenship for 11 million workers makes them law-abiding citizens. makes them more productive. has them paying taxes. we were reviewing some statistics earlier where actually on the lower-skilled workers when you look at services consumed in taxes paid, they often times are net contributors to society, economically and otherwise. liz: well they're paying sales stacks. >> i don't think they're a tag at all.